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Duplex Residential Income Property
For Sale
$2,195,000

5-12 51st Avenue 1, Queens, NY 11101

Two-level residence with private outdoor space, a vented kitchen, and a large island for flexible living and entertaining.

Property Size2,110 SF
Price / SF$1,040
Days on Market24

Property Features for 5-12 51st Avenue 1

General Information

Standard status Active
Size 2,110 SF
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $12,096

Building Details

Building Size 2,110 SF
Year Built 2017
Listing Agency: Modern Spaces
Listed By: Jee Young Park
Source: Tricialee
Added: Jul 29 Changed: Aug 21 Last Checked: Aug 21 at 10:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Modern Spaces

Investment Insights

Based on property information with market context.

This 2017-built duplex residential income property provides 2,110 square feet of interior space across the first floor and lower level. The layout includes substantial living and entertaining areas, a vented kitchen, and a large island kitchen that anchors the main living environment. A private 991-square-foot outdoor area extends the usable space for dining, gardening, relaxation, or entertaining.

The property is at 5-12 51st Avenue in Long Island City, Queens, on a residential block near Gantry Plaza State Park, the waterfront, restaurants, cafes, and multiple subway lines. Its setting provides access to Midtown Manhattan while retaining a residential context.

Key Highlights

  • Duplex layout spans the first floor and lower level
  • 2,110 square feet of interior living space
  • 991‑square‑foot private outdoor area

Property Analytics

Current Use

5-12 51st Avenue Apartment Building

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,928
Businesses Nearby

Demographics for 11101, NY

48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Two-level residence with private outdoor space, a vented kitchen, and a large island for flexible living and entertaining.
Where is this residential income property located?
The property is located at 5-12 51st Avenue 1 Queens, NY.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Duplex layout spans the first floor and lower level; 2,110 square feet of interior living space; 991‑square‑foot private outdoor area
More about this property
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